1-Intercropping is the practice of growing more than one crop on the same field at the same time in a definite row pattern.
A-Row Intercropping
When the component crops are arranged in alternate rows it is known as row intercropping.
B-Strip Intercropping
When two or more crops are grown in wide strips so that the two crops can be managed separately, it is known as strip cropping.
Apr 24, 2023 • 9 tweets • 3 min read
Block Mountains or fault block mountains, are the result of faulting caused by endogenetic force coming from within the earth.
10 Block mountain in the world
1- The Sierra Nevada Mountains of California are the most extensive block mountains in the world.
2-Satpura and Vindhya found in the central-western part of India are an example of block mountains.
Apr 23, 2023 • 8 tweets • 3 min read
8 Disputed Island of the World. #upsc
1-Falkland Islands Claims by United Kingdom and Argentina.
Location- south-west Atlantic Ocean
2-Chagos Islands
Claims by the United Kingdom and Mauritius.
Location- Indian Ocean
Apr 22, 2023 • 5 tweets • 1 min read
ECONOMIC CYCLE
#1-RECESSION
#2-DEPRESSION
#3-SLOWDOWN
#4-MELTDOWN
1-RECESSION
Recession refers to a phase of the downturn in the economic cycle when there is a fall in the country’s GDP for some quarters.
‘A recession is a period of decline in total output, income, employment and trade, usually lasting six months to a year.’
Apr 21, 2023 • 9 tweets • 2 min read
Some other inflation term-
#1 Structural inflation
#2 Disinflation
#3 Deflation
#4 Open inflation
#5 Repressed/supressed inflation
#6 Skewflation
#7 Stagflation
#8 Core Inflation
#9 Headline inflation
See below👇
#1 Structural Inflation- Developing and Low-Income Countries.
Example:In India,let’s assume that the farmer produces fruits and vegetables at 10000 per quintal.But the final consumer gets the same at 20000 per quintal.Huge disparity between what farmer receives and consumer pays
Apr 21, 2023 • 7 tweets • 2 min read
Inflation Types
#1 – Demand Pull Inflation
#2 – Creeping Inflation
#3 – Cost-Pull Inflation
#4 – Walking Inflation
#5 – Galloping Inflation
#6 – Hyperinflation
#1 Demand pull infation-If aggregate demand (AD) rises faster than productive capacity,then firms will respond by putting up prices,creating inflation.
See below 👇
A rise in demand causes a fall Unemployment (from 6% to 3%) but an increase in inflation from inflation of 2% to 5%
Apr 21, 2023 • 6 tweets • 2 min read
List of Important Curves In Economics :
1-Lorenz Curve
2-Gini Coefficient
3-Kuznets Curve
4-Laffer Curve
5-Philips Curve
See in detail👇
1-Lorenz Curve is a graphical distribution of wealth. It shows the proportion of income earned by any given percentage of the population.
It was developed by Max Lorenz in 1905.
The given figure shows that 20% of people earns only 5% of income.